Contractors Flashcards

1
Q

Bonafide subcontractor

A

contractors who work without direction from the Insured, hold their own insurance and usually provide their own materials and tools.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Labour only subcontractor

A

normally just supplies their labour and works under the direction of their employer.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

JCT

A

Joint contract tribunal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Contract works

A

Contract works cover will protect you against accidental loss, destruction or damage – offering cover for materials and labour that you’ve used, meaning you can restore the project to its status before the damage – protecting you and your customer from financial loss.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Standard cover-contractors

A

Liabilities
Legal expenses

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Optional cover -contractors

A

Contractors all risk
Plant
Material damage
All risk -fidelity, computer breakdown, money

How well did you know this?
1
Not at all
2
3
4
5
Perfectly